The Panic-Proof Portfolio (Stockchase Research) Driven Brands Holding Inc. DRVN-Q PAST TOP PICK Jan 27, 2022

Stockchase Research Editor: Michael O'Reilly DRVN launched its IPO in mid-January and got caught in the downdraft of a Nasdaq general market retracement. The company operates 4200 auto service centers in the US and internationally and services over 9 million cars annually. As the pandemic recovery takes hold and motorists return to work, auto maintenance demand will jump. Recently reported earnings fell short of expectations, but revenues rose over 50%. The company has built its cash position to over $188 million. We would buy this with a stop loss at $15, looking to achieve $35 -- upside potential of 42%. Yield 0% (Analysts’ price target is $35.13)

(A Top Pick Mar 23/21, Up 18.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with DRVN is progressing well. We now recommend trailing the stop (from $15) to $27. If triggered, this would all but guarantee a net investment return of 12%.

Stockchase Research Editor: Michael O'Reilly We reiterate DRVN as a TOP PICK. The company operates 4300 auto service centers in the US and 14 other countries, and services over 50 million cars annually, generating over $1 billion in revenues each year. Auto maintenance demand continues to jump during the pandemic. We like that the company is using cash reserves to pay down debt. We recommend keeping the stop at $27, looking to achieve $42.50 -- upside potential over 35%. Yield 0% (Analysts’ price target is $42.12)